Supply Chains, Interest Rates And Inflation

Source: Cobden Centre
by Alasdair Macleod

“The disruption of global supply chains is seen to be a temporary problem yet to be resolved, but there are good reasons to believe it is now permanent. Following the end of the cold war against China and the foundation of a new peaceful era, American and other manufacturers began to expand their production facilities into China and South-East Asia. It was the beginning of what became a trade system based on global supply chains, increasingly sophisticated logistics, and just-in-time inventory management. Global supply chains deliver enormous benefits between peaceful nations, but they cease to work when they are at war.” (09/08/22)